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• • <br /> ATTACHMENT K <br /> CONTRACTOR'S COMPENSATION AND RATE SETTING PROCESS <br /> 1. Introduction <br /> As provided in Article 11 of the Agreement, Member Agencies expect the South Bayside <br /> Waste Management Authority (SBWMA), of which they are all members, to provide <br /> substantial assistance in administering the annual review of Contractor's Compensation and <br /> the integration of that review with Agencies' adjustment of rates charged to Customers for <br /> Contractor's services. <br /> This Attachment describes Contractor's accountability regarding Contractor's Proposal <br /> assumptions (section 2); the procedures by which specific elements of Contractor's <br /> Compensation will be adjusted annually (section 3); the format and content of Contractor's <br /> annual application for adjustments in compensation (section 4); the actions to be taken by <br /> SBWMA in reviewing that application (section 5); allocating Contractor's overall compensation <br /> among Member Agencies (section 6); an explanation of Pass - Through Costs (section 7); <br /> reconciling the revenue earned by Contractor each year with the approved compensation for <br /> that year (section 8); preparing and reviewing reports to Member Agencies with <br /> recommendations for adjustments in each Agency's rates (section 9); a discussion of <br /> Performance Incentives and Disincentives (section 10); and the role of each Agency in <br /> establishing rates and the rate structure (section 11). <br /> SBWMA and Contractor may agree to modifications in the procedures and schedules in this <br /> Attachment in order to adapt them to changed circumstances or to improve their efficiency <br /> and timeliness. Such modifications shall not change the methodology for allocation of costs <br /> among Member Agencies. Before implementing any such modifications, SBWMA will provide <br /> at least thirty (30) days prior written notice to Agency and all other Member Agencies. The <br /> notice will include an explanation of the reason(s) for the proposed modification(s) and the <br /> section(s) of this Attachment that would be affected by the proposed modification(s). <br /> Figure K -1 is a flow chart depicting the process for determining Contractor's Compensation <br /> and rates for Rate Year One (2011). <br /> Collection Services Franchise Agreement with Recology San Mateo County Attachment K <br /> City of Redwood City Contractor's Compensation and Rate Setting Process <br /> Page 3 of 26 <br />